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Data Center Dynamics·· 4 hours agoSelectedAI score71

Google Provides Credit Guarantee for TeraWulf's Kentucky Data Center

Google to serve as credit backstop for TeraWulf data center in Kentucky

AI guide

Google will provide a credit guarantee for TeraWulf's data center in Kentucky, US, which has been contracted to Anthropic under a $19 billion agreement.

Why it matters

Google's credit support for TeraWulf's Kentucky facility reduces the counterparty performance risk and financing hurdles for Anthropic's multi-billion-dollar compute lease.

Source:Data Center Dynamics · datacenterdynamics.com